Set I minis as a long term investment?

Set I minis as a long term investment?

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Posted by: Economy.3096

Economy.3096

As of today, (Oct 15 patch), set I minis have seen a dip in their respective prices. Now the thing that is really baffling me is why people are offloading these. Think about it – these minis are harder to acquire (only through mystic forging) and yet prices still tank. It doesn’t really make sense IMO.

Side note: many (if not most) minis for the most part, seem to be tied to the prices of gems. If gem prices rise, wouldn’t it be more expensive to forge minis?

Does anyone have any thoughts on whether or not set one minis are a good investment at the moment? Can this be a time to buy instead of sell? Please feel free to share your opinions!

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Posted by: Zaxares.5419

Zaxares.5419

I’m not a TP high-roller like Vol or Wanze, but in my opinion prices for Set 1 minis will rise, but not by a huge margin. They can still be created by forging other minis together (even Set 2 minis, apparently), so supply will never dry up entirely. This makes them not very good as a long-term money maker, although they may be good as short-term investments by buying now and then selling after a period of a few months.

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Posted by: waldie.6015

waldie.6015

has nothing to do with being a high-roller..

the best would have been selling them during the announcement a few weeks ago with 350g+ /exo.

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Posted by: Vol.5241

Vol.5241

I’m not a TP high-roller like Vol or Wanze, but in my opinion prices for Set 1 minis will rise, but not by a huge margin. They can still be created by forging other minis together (even Set 2 minis, apparently), so supply will never dry up entirely. This makes them not very good as a long-term money maker, although they may be good as short-term investments by buying now and then selling after a period of a few months.

^ this

Not only that, but unlike other items that you can invest it, mini are not soulbound/accountbound and will always remain in the true supply (unless people start forging Set 1 minis)

If prices rise way too high, people will start offloading their excess minis which will keep the price down. The only way I can see the prices of mini’s going outrageously high is if someone decides to hoard many minis in an attempt to control it (almost like the Forge Conduit)

edit: I should also note that I generally don’t invest in the mini market because I really don’t understand it (and probably never will). I just can’t get my head around the demand side of minis and how some players are willing to pay over 400g for some :\

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Posted by: Lonewolf Kai.3682

Lonewolf Kai.3682

I’m not a TP high-roller like Vol or Wanze, but in my opinion prices for Set 1 minis will rise, but not by a huge margin. They can still be created by forging other minis together (even Set 2 minis, apparently), so supply will never dry up entirely. This makes them not very good as a long-term money maker, although they may be good as short-term investments by buying now and then selling after a period of a few months.

^ this

Not only that, but unlike other items that you can invest it, mini are not soulbound/accountbound and will always remain in the true supply (unless people start forging Set 1 minis)

If prices rise way too high, people will start offloading their excess minis which will keep the price down. The only way I can see the prices of mini’s going outrageously high is if someone decides to hoard many minis in an attempt to control it (almost like the Forge Conduit)

edit: I should also note that I generally don’t invest in the mini market because I really don’t understand it (and probably never will). I just can’t get my head around the demand side of minis and how some players are willing to pay over 400g for some :\

OCD with completion? Then there’s others like me who just like the really cool looking ones.

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Posted by: Infamous Darkness.3284

Infamous Darkness.3284

did you notice the fairly low prices of mini caithe, and mini holo scarlet…they were down to something like 6 gold each…they are rare level minis can they be mystic forged?

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Posted by: Shpongle.6025

Shpongle.6025

I’m not a TP high-roller like Vol or Wanze, but in my opinion prices for Set 1 minis will rise, but not by a huge margin. They can still be created by forging other minis together (even Set 2 minis, apparently), so supply will never dry up entirely. This makes them not very good as a long-term money maker, although they may be good as short-term investments by buying now and then selling after a period of a few months.

^ this

Not only that, but unlike other items that you can invest it, mini are not soulbound/accountbound and will always remain in the true supply (unless people start forging Set 1 minis)

If prices rise way too high, people will start offloading their excess minis which will keep the price down. The only way I can see the prices of mini’s going outrageously high is if someone decides to hoard many minis in an attempt to control it (almost like the Forge Conduit)

edit: I should also note that I generally don’t invest in the mini market because I really don’t understand it (and probably never will). I just can’t get my head around the demand side of minis and how some players are willing to pay over 400g for some :\

it goes back to gw1, they’re considered prestige show-off items

like legendaries, just to show off ur bling bling

Are you Shpongled?

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Posted by: Vol.5241

Vol.5241

I’m not a TP high-roller like Vol or Wanze, but in my opinion prices for Set 1 minis will rise, but not by a huge margin. They can still be created by forging other minis together (even Set 2 minis, apparently), so supply will never dry up entirely. This makes them not very good as a long-term money maker, although they may be good as short-term investments by buying now and then selling after a period of a few months.

^ this

Not only that, but unlike other items that you can invest it, mini are not soulbound/accountbound and will always remain in the true supply (unless people start forging Set 1 minis)

If prices rise way too high, people will start offloading their excess minis which will keep the price down. The only way I can see the prices of mini’s going outrageously high is if someone decides to hoard many minis in an attempt to control it (almost like the Forge Conduit)

edit: I should also note that I generally don’t invest in the mini market because I really don’t understand it (and probably never will). I just can’t get my head around the demand side of minis and how some players are willing to pay over 400g for some :\

it goes back to gw1, they’re considered prestige show-off items

like legendaries, just to show off ur bling bling

Yeah I get that, after all I like having the prestige of multiple legendaries.

The thing about minis though is there are just sooooo many of them. And unless you closely follow the mini market, you can’t tell the difference between an expensive and a cheap mini by looking at it.

For example, if I had to compare the Chromatic Ooze mini with a Tequatl mini, with 100% confidence I’d say the Ooze mini is more expensive due to the chromatic effect. But nope, it’s not!

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Posted by: Wanze.8410

Wanze.8410

I dont like the mini market either because supply only dries up, if people quit the came.
The only upside of them is that they go into your collectors tab and dont waste space in your regular bank.

Apart from that, i think blue set1 minis will rise a bit more in price over time than green set1 minis, compared to blue and green set2 minis.

That is because blue set1 minis are actually harder to forge as you only will get a blue mini from forging 4 blues 80% of the time, there is a 20% chance, you get a green mini.

Green minis have a 20% chance from forging 4 blue minis and a 80% chance from forging 4 green minis as well.

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Posted by: jazzllanna.1278

jazzllanna.1278

did you notice the fairly low prices of mini caithe, and mini holo scarlet…they were down to something like 6 gold each…they are rare level minis can they be mystic forged?

Yes they can. I only have one but I was able to put it in the forge not low enough for me to risk 20 gold

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Posted by: Infamous Darkness.3284

Infamous Darkness.3284

yeah I ended up droping 40g and mystic forged 8 mini caithe got back 2 comrade molechev

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Posted by: mtpelion.4562

mtpelion.4562

I’ve got all the blue and green minis and about half of the yellow ones. I should have started at orange and I would have seen that they weren’t worth the title :\

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Posted by: raptor.1064

raptor.1064

They said the set 1 pack will be coming back with special sales anyway

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Posted by: laokoko.7403

laokoko.7403

can you use mystic forge on set 2 mini to get set 1 mini?

If you can I don’t see it going up.

That being said, before it go up, there need some way to deplete the dragon coffer. Which will take a long time.

Button line is it’ll be pretty hard for it to go up too much. Because everyone who is a collector probably already get the minis they want.

If people arn’t buying the minis for 1 gold from the trading post, they arn’t paying 5 gold worth of a gem to buy from the gem store. I dont’ think being discontinued will affect it that much.

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Posted by: jazzllanna.1278

jazzllanna.1278

can you use mystic forge on set 2 mini to get set 1 mini?

If you can I don’t see it going up.

That being said, before it go up, there need some way to deplete the dragon coffer. Which will take a long time.

Button line is it’ll be pretty hard for it to go up too much. Because everyone who is a collector probably already get the minis they want.

If people arn’t buying the minis for 1 gold from the trading post, they arn’t paying 5 gold worth of a gem to buy from the gem store. I dont’ think being discontinued will affect it that much.

I believe you can but for a common quality (blue) it would cost almost 4 gold to forge it so unless the price is over 4 gold and worth the risk of not getting the one you want it seems like a waste.

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Posted by: rhapsody.3615

rhapsody.3615

I’m hoping they rise a little bit since I just bought 2 exos to finish the achievement, intending to resell them in a few days… It looks like they might rise slightly.